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Two Democrats Oppose Powell for Fed Chair, Citing Climate Change
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Two liberal Democratic senators said Friday they would oppose a second term for Federal Reserve Chairman Jerome Powell because they want the central bank to play a more aggressive role addressing climate change.
Sens. Jeff Merkley (D., Ore.) and Sheldon Whitehouse (D., R.I.) issued a statement calling on President Biden to appoint a Fed chair “who will ensure the Fed…shares the administration’s view that fighting climate change is the responsibility of every policy maker. That person is not Jerome Powell.”
Read more on wsj.comAbout this in other media
US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair cointelegraph.com /3 years ago
Biden Pick of Powell for Fed Chairman Marks Rare Split With Warren wsj.com /3 years ago
Biden to Nominate Jerome Powell for Second Term as Federal Reserve Chairman wsj.com /3 years ago
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